Canadian Oil and Gas Producers ‘Looking Through’ Market Volatility: CAPP CEO

Canadian Oil and Gas Producers ‘Looking Through’ Market Volatility: CAPP CEO
A decommissioned pumpjack (R), sits idle beside a functioning one drawing out oil and gas from a well head near Carstairs, Alta., on April 1, 2025. The Canadian Press/Jeff McIntosh
The Canadian Press
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The long term demand outlook for Canadian oil and gas is strong despite the recent plunge in crude prices and market upheaval, said the head of the country’s biggest oil and gas advocacy group.

“The entire planet is dealing with the current market volatility and certainly oil and gas is no exception to that,” Lisa Baiton, president and CEO of the Canadian Association of Petroleum Producers, said Tuesday.